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The latest announcement is out from Nordic Mining ASA ( (DE:7NM0) ).
Nordic Mining ASA experienced a minor fire incident at its Engebø facility on January 7, 2025, involving one of the drying machines. The incident was managed swiftly, resulting in no injuries and minimal disruption, with no significant delays expected in their production ramp-up phase. An investigation into the cause is being conducted with the machine vendor and local emergency services.
More about Nordic Mining ASA
Nordic Mining ASA is a resource company focused on high-end industrial minerals and metals, with assets in the Nordic region. It is engaged in a large-scale construction project at Engebø, Norway, involving a substantial eclogite deposit containing rutile and garnet. The company also explores new technology for alumina production and high-purity quartz, and is listed on Oslo Børs under the ticker ‘NOM’.
YTD Price Performance: -7.58%
Average Trading Volume: 2,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €230.9M
For an in-depth examination of 7NM0 stock, go to TipRanks’ Stock Analysis page.
